financial health
/ˈfɪn.ən.ʃəl ˈhɛlθ/ · fin.a.n.cial.health
noun
- The state of being financially stable and secure, with a manageable debt-to-income ratio and sufficient savings. Maintaining good financial health requires careful budgeting and regular saving.
- A person's or organization's financial situation, including their income, expenses, assets, and liabilities. The company's financial health was affected by the economic downturn.
adjective
- Relating to or concerned with the financial stability and security of an individual or organization. Financial health experts advise individuals to create a budget and stick to it.
Synonyms
financial stabilityfinancial securityfinancial well-beingfinancial soundnessfinancial solvencyfinancial resiliencefinancial robustnessfinancial prosperity
Antonyms
Did you know? The concept of financial health has become increasingly important in recent years, with many individuals and organizations seeking to achieve financial stability and security in the face of economic uncertainty.